RCD vs. RSP
Compare and contrast key facts about Invesco S&P 500® Equal Weight Consumer Discretionary ETF (RCD) and Invesco S&P 500® Equal Weight ETF (RSP).
RCD and RSP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RCD is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weighted / Consumer Discretionary -SEC. It was launched on Nov 1, 2006. RSP is a passively managed fund by Invesco that tracks the performance of the S&P Equal Weight Index. It was launched on Apr 30, 2003. Both RCD and RSP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RCD or RSP.
Key characteristics
RCD | RSP |
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Correlation
The correlation between RCD and RSP is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
RCD vs. RSP - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RCD vs. RSP - Expense Ratio Comparison
RCD has a 0.40% expense ratio, which is higher than RSP's 0.20% expense ratio.
Risk-Adjusted Performance
RCD vs. RSP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Equal Weight Consumer Discretionary ETF (RCD) and Invesco S&P 500® Equal Weight ETF (RSP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
RCD vs. RSP - Dividend Comparison
RCD has not paid dividends to shareholders, while RSP's dividend yield for the trailing twelve months is around 1.57%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Invesco S&P 500® Equal Weight Consumer Discretionary ETF | 1.03% | 1.09% | 0.99% | 0.53% | 0.81% | 1.59% | 1.67% | 1.45% | 1.27% | 1.37% | 1.05% | 0.87% |
Invesco S&P 500® Equal Weight ETF | 1.57% | 1.64% | 1.82% | 1.28% | 1.64% | 1.69% | 2.02% | 1.52% | 1.20% | 1.70% | 1.45% | 1.27% |
Drawdowns
RCD vs. RSP - Drawdown Comparison
Volatility
RCD vs. RSP - Volatility Comparison
The current volatility for Invesco S&P 500® Equal Weight Consumer Discretionary ETF (RCD) is 0.00%, while Invesco S&P 500® Equal Weight ETF (RSP) has a volatility of 3.37%. This indicates that RCD experiences smaller price fluctuations and is considered to be less risky than RSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.